Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.69% | -0.08 | 0.77% |
| Return on Equity (%) | ▼ | 6.10% | -1.17 | 7.27% |
| Net Interest Margin (%) | ▼ | 4.09% | -0.30 | 4.38% |
| Efficiency Ratio (%) | ▼ | 84.08% | +0.55 | 83.54% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.01 | $0 |
| Cost of Funds (%) | ▼ | 0.40% | +0.05 | 0.35% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $106 | +9.90 | $96 |
| Gross Loans ($M) | ▲ | $37 | +1.54 | $35 |
| Loan Growth YoY (%) | ▼ | 39.06% | -2.22 | 41.28% |
| Total Deposits ($M) | ▲ | $93 | +8.88 | $84 |
| Shareholders Equity ($M) | ▲ | $12 | +1.24 | $11 |
| Tang. Book Value ($M) | ▲ | $12 | +1.24 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $13 | +0.87 | $13 |
| Loan / Deposit Ratio (%) | ▼ | 39.06% | -2.22 | 41.28% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.62% | -0.29% | 1.90% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇██▆▆▄▃▁ | Net Interest Margin (%) | 4.48% | 4.55% | 4.54% | 4.38% | 4.40% | 4.29% | 4.25% | 4.09% |
| ▅▅█▂▁▁▄▂ | Return on Assets (%) | 1.09% | 1.07% | 1.45% | 0.77% | 0.64% | 0.57% | 0.94% | 0.69% |
| ▃▄▁▆▇█▅▆ | Efficiency Ratio (%) | 76.7% | 77.3% | 69.2% | 83.5% | 86.2% | 89.6% | 80.6% | 84.1% |
| ▄▁▁▅▄▁▃█ | Cost of Funds (%) | 0.33% | 0.28% | 0.28% | 0.35% | 0.33% | 0.28% | 0.31% | 0.40% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▆▁▄▅▇██ | Tang. Book Value ($M) | $10 | $11 | $10 | $11 | $11 | $12 | $12 | $12 |
| ▆▃▆▆▁▁██ | Gross Loans ($M) | $35 | $33 | $35 | $35 | $32 | $32 | $37 | $37 |
| ▅▄▄▃▁▅▇█ | Total Deposits ($M) | $88 | $85 | $86 | $84 | $81 | $88 | $90 | $93 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 19% |
| Agricultural | 8% |
| Consumer | 10% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 47% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 1% |